How much money do migrants send home? Money sent home by migrants to family and friends – have soared to record levels . Explore the World Bank's latest estimates of how much money is sent, and where.
- Migrants' billions put aid in the shade
- Download the data behind this interactive presentation - and get static graphic.
Migrant workers have always sent money home to support family and friends. But in recent years these remittances, as they are known, have reached record highs. Officially recorded remittances are thought to have topped $500bn last year. But the World Bank estimates that the true figure, including unrecorded and informal channels, may be higher still.
Government data rarely includes details on where remittances end up, and it's difficult to determine how much money being sent from Switzerland comes directly from migrant workers and how much is being routed through Swiss banks.
The World Bank's Migration and Remittances Unit, led by Dilip Ratha, has tried to estimate the true size and direction of global remittance flows. This interactive uses the World Bank's new estimates for 2011 to map where remittances come from, where they go, and how important they can be for some of the world's poorest countries.
In the 2nd edition of the 2011 fact book Migration and Remittances from the World Bank we studied the data from NEPAL and compared with our views and data of the projects in Nepal.
For detail information please view Nepal migrants and remittances report PDF.